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7402 Grand Ave 3,500 SF of Office Space Available in Elmhurst, NY 11373
HIGHLIGHTS
- Corner location with 82 feet of frontage and 100 feet of depth.
- Proximity to public transportation, schools, and retail centers.
- High traffic exposure on Grand Avenue.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 5th Floor | 3,500 SF | 11’ | 5-10 Years | $35.00 /SF/YR $2.92 /SF/MO $122,500 /YR $10,208 /MO | Modified Gross |
5th Floor
Great for any Day Care Center, Childcare, Professional Services, Dance Studio, Art Studio, Yoga Studio, Insurance Company, Real Estate Agency, or Urgent Care 5th Floor Space for Lease
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 9 - 28 People
- Finished Ceilings: 11’
- Space is in Excellent Condition
- Central Air and Heating
- Natural Light
- Vanilla Box Condition
- Can be built out
- Seperate
- Heavy Foot Traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,500 SF | Gross Leasable Area | 27,104 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 27,104 SF |
| Year Built | 2017 |
ABOUT THE PROPERTY
7402 Grand Avenue, a prime commercial property located in the heart of Elmhurst, Queens. This modern, semi-fireproof office building spans approximately 27,104 square feet across four stories, situated on a corner lot measuring 8,241 square feet. Built in 2017, the property offers excellent visibility and accessibility, making it ideal for professional offices, medical facilities, or community services.
NEARBY MAJOR RETAILERS
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7402 Grand Ave
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